Global stocks rise after peace deal

Global markets experienced a boost following the announcement by the United States and Iran of an agreement to end their conflict and reopen the Strait of Hormuz. This led to a rise in stocks and bond prices worldwide, while oil prices fell to their lowest level in three months. The European "Stoxx 600" index and the U.S. "Nasdaq 100" both increased, while the dollar and Brent crude oil dropped below $84 per barrel. This agreement is considered a significant step toward ending a conflict that has harmed the global economy and caused market fluctuations since the start of the year.

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